LONDON, UK: Saint-Gobain, the French multinational manufacturer of building materials and solutions, has announced that it has completed the sale of its US fence, railing and decking business (FRD) to Oldcastle APG, a subsidiary of CRH plc, the Irish building materials group.
The FRD business, which operates under the CertainTeed brand, generated sales of around €60 million in 2022, with two industrial locations in the Buffalo (New York) and Orem (Utah) areas, employing approximately 210 people. The business produces vinyl and composite fence, railing and decking products for residential and commercial applications.
The sale is part of Saint-Gobain’s continued business profile optimization strategy, in line with its “Grow & Impact” plan, which aims to focus on high value-added solutions for the construction and renovation markets. Saint-Gobain will retain its other CertainTeed businesses in North America, including roofing, siding, insulation, gypsum and ceilings.
Oldcastle APG is a leading manufacturer of outdoor living products, such as pavers, retaining walls, fire pits and outdoor kitchens. The acquisition of FRD will expand its product portfolio and geographic footprint in the US market.
Saint-Gobain sells its glass processing business in Portugal to PNI Portugal